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Heritage Global acquires Boston Note Company

PUBLIC · HGBLAug 03, 20266 days ago

Acquiring Company

Heritage Global

Acquired Company

Boston Note Company

CaliforniaUnited StatesOtherFinancial ServicesFinanceLendingEbooks

Description

Heritage Global Inc. has acquired Boston Note Company to expand its Financial Assets division. This acquisition enhances Heritage Global's capabilities in privately held loans and notes. Boston Note Company brings over 35 years of expertise in the market, contributing to the growth and service offerings of Heritage Global.

Company Information

Company

Heritage Global

Location

California, United States

About

Heritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. The company provides a full suite of services including market making, acquisitions, dispositions, valuations and secured lending. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets across twenty-eight global sectors. The company acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.

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Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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